Stay updated with breaking news from Bank Write Offs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Based on information supplied by the finance minister, we estimate that the total non-performing assets between 2014-15- 2021-22 years amount to Rs 66.5 lakh crore. Of this, the written-off quantum appears to be Rs 14.5 lakh crore.
Banks Wrote-off Rs 1.15 Lakh Crore in First Three Quarters of FY21: Anurag Thakur Minister of state for finance Anurag Singh Thakur also told the Lok Sabha that non-performing assets of banks have declined because of the government's strategy of recognition, resolution, recapitalisation and reforms. Minister of State for Finance Anurag Thakur speaks in Lok Sabha during the ongoing Monsoon Session of Parliament, amid the coronavirus pandemic, in New Delhi, Friday, Sept. 18, 2020. Photo: PTI Government09/Mar/2021 New Delhi: Banks have written off bad loans to the tune of Rs 1.15 lakh crore d...